Erdogan Gets His Way as Turkish Loan Growth Soars

The video discusses Turkey's economic situation, focusing on interest rate cuts and their impact on consumer and business loans. It highlights the significant growth in loans and questions the sustainability of this growth. The central bank's easing policies and their effects on the Turkish lira are analyzed, along with potential risks such as US sanctions.

What was the percentage increase in consumer loans in Turkey as mentioned in the video?

• 50%

• 60%

• 45%

• 30%

What is the main concern about the sustainability of the current loan growth in Turkey?

• The high demand for Turkish lira

• The central bank's inability to cut rates further

• The potential increase in inflation

• The lack of consumer interest in loans

What is the current base rate set by the central bank in Turkey?

• 12%

• 8%

• 10%

• 15%

How has the Turkish lira performed against the dollar since the rate cuts began?

• It has significantly weakened

• It has slightly weakened

• It has remained unchanged

• It has significantly strengthened

What external factor could potentially impact the Turkish lira according to the video?

• Increased foreign investment

• US sanctions on Turkey

• A rise in global oil prices

• A decrease in European interest rates